COIDA ROE Calculator (2024)
Calculate the minimum Return of Earnings fees YOU MAY need to pay to the Compensation Fund before you can obtain a valid Letter of Good Standing
Your Name:
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Your Email (to receive the estimate):
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Your Contact Number
Please enter a valid ZA phone number.
Company's Projected Salaries for the next 12 months:
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Multiply your monthly payroll by 12.
Nature of Business:
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Please Select
Agriculture, Forestry
Fishing
Mining, Quarrying, Sand Pits
Building Construction
Food, Drinks, Tobacco
Textiles
Wood Industry, Upholstery
Printing and Paper Industry
Chemical Industries, Rubber, Oil, Paint
Leather Industry
Glass, Bricks, Tiles, Concrete,
Iron, Steel, Artificial Limbs, Galvanizing, Garages, Metals
Jewellers, Diamonds, Asbestos, Bitumen
Trade, Commerce
Banking, Insurance
Air, Road Transport, Hauliers
Local Authorities, Power Stations
Personal Services, Hotels, Flats
Entertainment, Sport
Medical Services, Animal Hospitals
Professional Services
Educational Services
Charitable, religious, Political
Select the Industry you are trading in, or the closest possible alternative.
Estimated Fee* (Rands)
The Act makes provision for a minimum assessment to ensure that the assessment is not less than the administration cost (currently R1530)
Admin Fee
Important Disclaimer
This calculator only determines an estimate of the minimum amount your company will need to pay based on your general 'nature of business'. It does not consider your specific sub-class nature of business, which may entail a different level of risk. For example, your business may be categorized under 'Agriculture' with a risk score of 1.05. However, if your company operates within the Tea Growing sub-class (0118) according to the Department of Labour, your business could carry a higher risk rating of 1.49, resulting in a higher assessment fee. The Department of Labour retains sole discretion over the final assessment fee. Company Partners will not be held liable for any amount generated by this calculator.
Calculate Minimum Fee
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